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Wednesday, July 3, 2019
Tullow Oil and its various partners in Ghana have kept two rigs busy over H1 of this year. The Stena Forth and Maersk Venturer drillships worked in tandem on Ghana drilling and completion operations throughout the period with four wells drilled and three wells completed.
The Stena Forth drillship has now left Ghana and headed across the Atlantic to commence drilling in Guyana. The Maersk Venturer will remain in Ghana and will complete the ongoing Enyenra-14 production well, a Jubilee producer and an Enyenra water-injector, before switching to drilling operations for the remainder of the year.
The completion of the Enyenra-14 production well is taking longer than anticipated and consequently will be onstream later than planned. This delay has been reflected in a small revision to full year guidance for TEN which has been adjusted to around 71,000 bpd gross, from 73,000 bpd. Following strong performance from Jubilee, production guidance for the year has been adjusted to around 95,000 bpd gross, up from 93,000 bpd.
Reservoir performance in H1 from existing and new wells has been in line with expectations at both fields and Tullow expects to reach gross production from Ghana of around 180,000 bpd in H2.
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